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Bitcoin, Dogecoin, and… – Top cryptos to buy under Trump’s new presidency
As the U.S presidential election results were called on November 5th, a significant surge in the value of Bitcoin (BTC) was seen. In fact, at the time of writing, BTC was trading near the $100k-mark after strong gains over the past six weeks. This impulse move higher has led many to speculate that regulatory clarity and potential new legislation could have far-reaching implications for the crypto market as a whole.
One cryptocurrency that may benefit from this renewed interest in Bitcoin is Dogecoin (DOGE). Elon Musk, co-lead of the Department of Government Efficiency or D.O.G.E., has already shown an ability to significantly impact DOGE’s price. For instance, when he tweeted about his department’s mentions of the most popular memecoin, DOGE saw a 26% increase in value just four days later.
While it is difficult to predict with certainty which cryptocurrencies will benefit from Trump’s presidency, some experts believe that certain altcoins may experience significant growth as traders rotate their capital towards top-performing assets. Dogecoin’s recent surge and the potential for increased exposure to mainstream investors make it an attractive option for those looking to diversify their portfolios.
In conclusion, while no investment advice can be guaranteed, these two cryptocurrencies – Bitcoin (BTC) and Dogecoin (DOGE) – may be worth considering under Trump’s new presidency.
Source: ambcrypto.com
